Juniper upgraded by J.P. Morgan, shares up

BenjaminPimentel

SAN FRANCISCO (MarketWatch) - Shares of Juniper Networks
JNPR, +0.53%
were up more than 3% in pre-open trades on Thursday. J.P. Morgan upgraded the networking company's stock to overweight citing expectations of "stronger optical and routing spending." Also upgraded to overweight for the same reason were shares of Infinera Corp.
INFN, +14.40%
which were up more than 5%. "We believe the data points to an inflection in 100G optical revenues this year as well as an accompanying optical stock rally," analyst Rod Hall said in a note.

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